Kevin Daly
← INNOVATE Real Estate
82 Pond Street
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$1,400,000

82 Pond Street
West Warwick, RI 02893
Listed by John Slyman
Bedrooms
17
Bathrooms
9
Living area
N/A
Year built
1900

About this home

A rare homerun in West Warwick: 82 Pond Street is a fully renovated, turnkey nine-unit building priced at $1,400,000, just $155k per unit, throwing off strong, dependable cash flow from day one. The diverse mix, three 3-bedroom, three 2-bedroom, two 1-bedroom, and one studio, keeps it easy to lease and income rock-solid. All the heavy lifting is already done: every unit fully renovated, eight brand-new individual heating units, fresh paint, new gutters, a rebuilt porch, and a new fire alarm system, with lead certificates in place for all nine units and tenants paying their own utilities. And the sale includes a large adjoining parcel of land, nine-plus parking spaces today, development potential tomorrow. In-place income of $14,285/month carries clean loss-to-lease upside as rents reset. Low basis, turnkey, and bonus land, this is the kind of cash cow investors wait for. Financials available upon request.

Property details

MLS #
1419151
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
10
On market date
July 30, 2026
Stories
3
Garage spaces
N/A
Lot size
0.64 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
John F. Horgan School
1.02 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
481
Student:teacher ratio
14.1:1
District
West Warwick
Middle
John F. Deering Middle
0.77 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,087
Student:teacher ratio
12.5:1
District
West Warwick
High
West Warwick High School
0.81 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,044
Student:teacher ratio
13.4:1
District
West Warwick

Mortgage calculator

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Est. monthly payment
$8,581/mo
$280,000 down
$1,120,000 loan
Principal & interest$7,264
Property tax (est.)$1,167
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 12 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.